Santander Consumer USA Holdings Inc. (NYSE:SC) – Analysts at Jefferies Group lifted their Q4 2017 earnings per share (EPS) estimates for shares of Santander Consumer USA Holdings in a report issued on Monday. Jefferies Group analyst J. Hecht now anticipates that the financial services provider will earn $0.38 per share for the quarter, up from their previous estimate of $0.34. Jefferies Group currently has a “Buy” rating and a $20.00 target price on the stock. Jefferies Group also issued estimates for Santander Consumer USA Holdings’ Q1 2018 earnings at $0.42 EPS.

Several other analysts have also issued reports on the company. Zacks Investment Research upgraded Santander Consumer USA Holdings from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research note on Thursday. BMO Capital Markets lowered their target price on Santander Consumer USA Holdings from $15.00 to $14.00 and set an “outperform” rating on the stock in a research note on Monday, July 31st. J P Morgan Chase & Co boosted their target price on Santander Consumer USA Holdings from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Monday. Citigroup Inc. boosted their target price on Santander Consumer USA Holdings from $16.00 to $17.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Barclays PLC set a $15.00 target price on Santander Consumer USA Holdings and gave the company a “hold” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, five have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $17.00.

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Santander Consumer USA Holdings (NYSE:SC) last posted its quarterly earnings results on Friday, October 27th. The financial services provider reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.13. Santander Consumer USA Holdings had a return on equity of 11.56% and a net margin of 10.17%. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter in the prior year, the business earned $0.56 EPS. The firm’s revenue for the quarter was down 4.9% on a year-over-year basis.

Several large investors have recently added to or reduced their stakes in the stock. Gluskin Sheff & Assoc Inc. bought a new stake in shares of Santander Consumer USA Holdings during the 3rd quarter valued at $497,000. State Board of Administration of Florida Retirement System grew its position in Santander Consumer USA Holdings by 60.0% during the third quarter. State Board of Administration of Florida Retirement System now owns 111,221 shares of the financial services provider’s stock worth $1,709,000 after buying an additional 41,700 shares in the last quarter. Victory Capital Management Inc. grew its position in Santander Consumer USA Holdings by 38.8% during the third quarter. Victory Capital Management Inc. now owns 85,386 shares of the financial services provider’s stock worth $1,312,000 after buying an additional 23,849 shares in the last quarter. First Trust Advisors LP grew its position in Santander Consumer USA Holdings by 13.0% during the third quarter. First Trust Advisors LP now owns 1,045,909 shares of the financial services provider’s stock worth $16,076,000 after buying an additional 120,431 shares in the last quarter. Finally, Nationwide Fund Advisors grew its position in Santander Consumer USA Holdings by 19.1% during the third quarter. Nationwide Fund Advisors now owns 38,171 shares of the financial services provider’s stock worth $587,000 after buying an additional 6,129 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Investors of record on Tuesday, November 7th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Monday, November 6th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.72%.

Santander Consumer USA Holdings Company Profile

Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.

Earnings History and Estimates for Santander Consumer USA Holdings (NYSE:SC)

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